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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Change In Receivables : $0.0 Mil (TTM As of Sep. 2014)


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What is Evraz Highveld Steel and Vanadium Change In Receivables?

Evraz Highveld Steel and Vanadium's change in receivables for the quarter that ended in Sep. 2014 was $0.0 Mil. It means Evraz Highveld Steel and Vanadium's Accounts Receivable stayed the same from Jun. 2014 to Sep. 2014 .

Evraz Highveld Steel and Vanadium's change in receivables for the fiscal year that ended in Dec. 2013 was $-1.6 Mil. It means Evraz Highveld Steel and Vanadium's Accounts Receivable increased by $1.6 Mil from Dec. 2012 to Dec. 2013 .

Evraz Highveld Steel and Vanadium's Accounts Receivable for the quarter that ended in Sep. 2014 was $66.7 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Evraz Highveld Steel and Vanadium's Days Sales Outstanding for the three months ended in Sep. 2014 was 53.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Evraz Highveld Steel and Vanadium's liquidation value for the three months ended in Sep. 2014 was $-125.7 Mil.


Evraz Highveld Steel and Vanadium Change In Receivables Historical Data

The historical data trend for Evraz Highveld Steel and Vanadium's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evraz Highveld Steel and Vanadium Change In Receivables Chart

Evraz Highveld Steel and Vanadium Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.05 -25.21 47.11 7.08 -1.64

Evraz Highveld Steel and Vanadium Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Evraz Highveld Steel and Vanadium Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Evraz Highveld Steel and Vanadium  (OTCPK:HGVLY) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Evraz Highveld Steel and Vanadium's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=66.692/113.095*91
=53.81

2. In Ben Graham's calculation of liquidation value, Evraz Highveld Steel and Vanadium's accounts receivable are only considered to be worth 75% of book value:

Evraz Highveld Steel and Vanadium's liquidation value for the quarter that ended in Sep. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=33.392-253.667+0.75 * 66.692+0.5 * 89.165
=-125.7

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Evraz Highveld Steel and Vanadium Change In Receivables Related Terms

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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Business Description

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Evraz Highveld Steel and Vanadium Ltd. is engaged in the production of integrated iron ore, steel and vanadium slag. It also produces rail, coiled plate, coiled strip, light and medium plate and cast billets. The Company operates in two business segments: Steel and Vanadium. The major products of the steel segment are magnetite iron ore, structural steel, plate and coil. The major products of the vanadium segment are vanadium slag and ferrovanadium. Vanadium slag is a by-product from the steelmaking process.

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